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LI Sep 2024 47.000 call
- Yahoo Finance Video
Boeing-Spirit AeroSystems deal, reaction to Biden-Trump debate: Morning Brief
First day of July, first day of the second half of 2024, and first day of the third quarter. The Morning Brief's Brad Smith and Madison Mills walk investors through this busy first day of the trading week and the top market themes Wall Street will be watching heading into the latter half of the year. Boeing (BA) agrees to acquire aerospace manufacturer Spirit AeroSystems (SPR) in a deal valued at $4.7 billion as Boeing continues to navigate through the fallout of mid-flight blowouts on its jets at the beginning of the year. The jet line manufacturer awaits a Department of Justice ruling on whether officials will criminally charge the company for these accidents. Boyd Group International president Mike Boyd and former Wall Street Journal aerospace reporter Andy Pasztor join the show to weigh in on Boeing's deal with Spirit AeroSystems and the company's overall leadership under CEO Dave Calhoun, who will be exiting from his position by the end of 2024. Following last Thursday's first presidential debate between President Biden and former President Trump, Stifel chief Washington policy strategist Brian Gardner shares his thoughts on voter confidence in Biden. Other top trending tickers on the Yahoo Finance platform include Chinese electric vehicle makers NIO (NIO), Li Auto (LI), and XPeng Motors (XPEV); Nvidia (NVDA), Chewy (CHWY), and GameStop (GME). This post was written by Luke Carberry Mogan.
- Barrons.com
NIO, Li Auto, and XPeng Stocks Rise on Deliveries. One Result Was Better Than Others.
NIO said Monday it delivered 21,209 cars in June. For the quarter, NIO delivered 57,373 cars, higher than the guidance given in June for deliveries of between 54,000 and 56,000 units. In the second quarter of 2023, NIO delivered 23,520 cars.
- South China Morning Post
China's premium EV makers Li Auto, Xpeng and Nio ride discounts to strong monthly sales
China's top three makers of premium electric vehicles (EVs) continued to grow on a fast track in June as discounts and incentives propelled deliveries even as they made profitability more difficult to achieve. Beijing-headquartered Li Auto, the nearest rival to Tesla in mainland China, led the pack with a 36.4 per cent month-on-month jump in deliveries to 47,774 units, just shy of the carmaker's all-time high of 50,353 in December. Guangzhou-based Xpeng saw its deliveries increase for the fifth
